Chapter 5 Producer Theory Markets have two sides: consumers and producers. Up until now we have been studying the consumer side of the market. We now begin our study of the…
Notes on Microeconomic Theory Nolan H. Miller August 18, 2006 Contents 1 The Economic Approach 2 Consumer Theory Basics 2.1 2.2 2.3 2.4 Commodities and Budget Sets . . .…